Until recently, Germany’s Federal Financial Supervisory Authority (BaFin) classified bitcoin as a financial instrument, but a subsequent court ruling disclaimed this categorization and decided that the cryptocurrency does not meet…

The president of BaFin thinks blockchain-based applications are “revolutionary” and could turn the entire financial sector “upside down.” This article is originally written and posted on https://www.coindesk.com/blockchain-is-revolutionary-says-german-finance-regulator-chief/. Visit https://www.coindesk.com/ today for…

Germany’s financial markets regulator has issued new guidance on how it will classify tokens sold during initial coin offerings (ICOs), including those it will consider securities. On Feb. 20, the Federal…

German Financial Supervisory Authority (BaFin) has ordered Crypto.exchange GmbH, a Berlin-based exchange, to immediately stop acting as a financial broker. The order was issued after the exchange advertised on its website,…